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BUSINESS

Industrial decline forcing Thais into service jobs

Somruedi Banchongduang, Published on 08/01/2026

» The Bank of Thailand (BoT) has expressed concern over the weakening income outlook in the labour market, as an industrial slowdown continues to push workers into the service sector.

BUSINESS

Industrial sector faces premature contraction

Somruedi Banchongduang, Published on 08/12/2025

» Thailand’s industrial sector has entered a contraction phase earlier than expected, pressured by intensifying global competition and the country’s declining competitiveness.

BUSINESS

Non-banks get go-ahead for asset management ventures

Somruedi Banchongduang, Published on 07/11/2025

» The Bank of Thailand will allow non-bank institutions to establish joint-venture asset management companies (JV-AMCs), expanding on a previous policy that permitted only banks to do so.

BUSINESS

Bankers back scheme to aid small debtors

Somruedi Banchongduang, Published on 04/11/2025

» The Thai Bankers’ Association (TBA) says it will support the government’s new debt resolution programme, in which asset management companies (AMCs) will play the lead role.

BUSINESS

New Bank of Thailand chief pledges more help for household debtors

Somruedi Banchongduang, Published on 10/10/2025

» The new governor of the Bank of Thailand has vowed to focus more on targeted measures alongside monetary policy to deliver tangible results and provide meaningful support to the public.

BUSINESS

Gold and baht causing headaches for central bank

Somruedi Banchongduang, Published on 16/09/2025

» The increase in errors and omissions in Thailand’s balance of payments may be linked to gold trading and the baht’s appreciation against the US dollar, says the head of the Bank of Thailand.

BUSINESS

Structural reforms key to solving debt, say bankers

Business, Somruedi Banchongduang, Published on 27/08/2025

» Thailand needs to make a transition from debt-relief measures to structural reforms to address the country’s household debt problem in the long term, says Payong Srivanich, chairman of the Thai Bankers’ Association.

BUSINESS

Central bank sees Thai growth slowing next year

Somruedi Banchongduang, Published on 27/08/2025

» The Bank of Thailand expects the country’s economic growth to fall below its potential next year, weighed down by sluggishness in several sectors.

BUSINESS

Thailand tightens mobile banking transfer limits

Somruedi Banchongduang, Published on 19/08/2025

» The Bank of Thailand has set a daily transfer limit of 50,000 baht for children and the elderly using mobile banking, seeking to curb financial fraud.

BUSINESS

Thai growth projections upgraded on lower US tariffs

Somruedi Banchongduang, Published on 06/08/2025

» The local private sector has increased its forecast for Thai GDP growth this year to 1.8-2.2%, rising from an estimate of 1.5-2% following the recent US decision to reduce tariffs on imports from Thailand from 36% to 19%.